Digital Deposits definition

Digital Deposits refers to deposits using “Remote Deposit Capture” or “RDC”. RDC allows you to make check deposits using your mobile or tablet device with our Mobile App or make check deposits by scanning and uploading the check image through your computer in Online Banking. (See Addendum Digital Deposits (Remote Deposit Capture) for additional terms and conditions)
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Digital Deposits means deposits made by remote deposit capture and mobile deposit capture.
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Examples of Digital Deposits in a sentence

  • Bank retains the ability to either approve or deny your use of Digital Deposits in Bank’s sole and absolute discretion.

  • You agree that you will submit to us for deposit to your Account only Electronic Images that are Sufficient Image Copies of Original Checks for deposit via Digital Deposits.

  • Our policy is generally to make funds from your Digital Deposits available to you on the first Business Day after the day we receive your deposit.

  • If you make deposit via Digital Deposits on a day that is not a Business Day, we will consider such deposit made on the next Business Day we are open.

  • The availability of funds for deposits via Digital Deposits is set forth in the Funds Availability Policy Disclosure section of this Agreement.

  • For information regarding our applicable depository cut-off times with regard to receipt of deposits via Digital Deposits, you should consult the Documentation made available to you for this purpose.

  • These provisions apply only to demand deposit checking Accounts where deposits are made via Digital Deposits.

  • If you have met, in our sole discretion, the conditions we have established for use of Digital Deposits to make deposits via Electronic Images, we will provide Internet access to our computer network and accept for deposit to your Account(s) the Electronic Images of Original Checks for collection as allowed under this Agreement and the Documentation.

  • You understand and acknowledge that we are relying on the truth and veracity of all Electronic Images submitted for deposit via Digital Deposits by you to us, and you warrant that such Electronic Images accurately reflect Original Checks that are, or at the time of the creation of the Substitute Checks, were, in your possession.

  • If you will need the funds from a deposit via Digital Deposits, you should contact us to inquire when the funds will be available.

Related to Digital Deposits

  • Special Deposits have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;

  • Special deposit means a deposit held other than at call on behalf of the Crown, or any local authority within the meaning of the Local Government Act 1974;

  • Special deposit claim means any claim secured by a deposit made pursuant to statute for the security or benefit of a limited class or classes of persons, but not including any general assets.

  • Differential Deposit means data that reflects all transactions that were not reflected in the last previous Full or Differential Deposit, as the case may be. Each Differential Deposit will contain all database transactions since the previous Deposit was completed as of 00:00:00 UTC of each day, but Sunday. Differential Deposits must include complete Escrow Records as specified below that were not included or changed since the most recent full or Differential Deposit (i.e., newly added or modified domain names).

  • Direct Deposit means an order for electronic transfer of a refund into a taxpayer’s financial institution account.